Discovery Projects - Grant ID: DP150101857

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP150101857

Funding Status
Active

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Funded Activity Summary

Structural Adjustment, Income Risk, and Human Capital Specificity. This project will build a macroeconomic model to attempt to understand how an economy should manage structural adjustment to economic shocks (such as a substantial change in trade policy, significant exchange rate appreciation, or major technological change) in order to induce the reallocation of labour and other factors of production across different sectors of the economy. Two key features of the model will be human capital specificity, that is, skills may not be easily transferrable across sectors of the economy, and incomplete markets for income risk so that the burdens of adjustment may be concentrated on displaced workers rather than being efficiently shared. Various policies for managing adjustment will be evaluated quantitatively.

Funded Activity Details

Start Date: 01-01-2015

End Date: 31-12-2022

Funding Scheme: Discovery Projects

Funding Amount: $120,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Labour Economics | Macroeconomics (incl. Monetary and Fiscal Theory) | Applied Economics | International Economics and International Finance

ANZSRC Socio-Economic Objective (SEO)

Industry Costs and Structure | Trade Policy | Economic Growth |

Other Keywords

Applied Economics | Economic Growth | Industry Costs and Structure | International Economics and International Finance | Labour Economics | Macroeconomics (incl. Monetary and Fiscal Theory) | Trade Policy

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